February’s Supplemental Security Income payment, worth up to $967, will go out to millions of beneficiaries in 13 days. The next SSI payments are scheduled to be distributed on Jan. 31. SSI payments are given to people living with debilitating disabilities that affect their income,
We're nearly half way into January and another set of Social Security checks will soon be headed out to beneficiaries. The 2025 COLA increase is officially in place and recipients should see a 2.5% increase to their monthly payments.
The payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the third group of retirees on Jan. 22.
The Social Security Fairness Act eliminates two provisions, the WEP and the GPO, that have been penalizing a sizable portion of the workforce for more than four decades.
The Social Security taxable wage base increased from $168,600 in 2024 to $176,100 in 2025. This is the amount of your annual income subject to Social Security payroll taxes if you're working. The tax rate is currently 12.4%, but if you're traditionally employed, you only pay half of that while your employer covers the other half.
Francois Melese warned in a recent op-ed of the damaging effects of Trump's plan to end Social Security taxes.
Martin O’Malley, the former Social Security commissioner who is now seeking to chair the Democratic National Committee, took the brunt of House GOP anger over federal telework policies – and a number of other topics – in a House Committee on Oversight and Government Reform hearing on Thursday.
In a social media post, Donald Trump said seniors shouldn't pay any taxes on Social Security. He was referring to the Social Security benefit taxes that seniors owe if their incomes exceed certain thresholds.
"I'm very worried — how am I going to survive?" Huntington resident Leann Pisano, 58, a recent nursing school graduate, said of concerns about future Social Security benefits.
Undocumented workers often pay taxes that help fund programs like Social Security — even if they can’t collect from them in the future.
This adjustment could result in a modest but meaningful increase in your monthly checks, especially if your prior earnings history includes gaps or lower-wage years. For retirees who left the workforce early or earned significantly less earlier in life, unretiring can provide a valuable boost to their long-term benefits.
February’s Supplemental Security Income payment, worth up to $943, will go out to millions of beneficiaries in 18 days. The next SSI payments are scheduled to be distributed on Jan. 31. SSI payments are given to people living with debilitating disabilities that affect their income, according to the Social Security Administration.